Forensic Analysis · General / Diversified · as of Jun 28, 2026
ALICO, INC. (ALCO)
A forensic read on ALICO, INC. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-2.4
Altman Z-score
Clean
Earnings quality
3
Forensic signals
-18.1%
ROE
$310M
Market cap
0.50%
Dividend yield
ALICO, INC. earns a D (Weak — demands caution) forensic quality grade, and its Altman Z-score is -2.4, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-102%Return on invested capital.Return on invested capital is -102% and slipping from -6% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
+0.3%/yrShare-count dilution.Diluted share count changed +1% over the last 3 years to FY2025 (+0.3%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
-69%Dividend — cut.The payout was CUT ~69% in FY2024 (from FY2023). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin-334.3%
Debt / Equity0.81x
Free Cash Flow$14.6M
Latest Revenue$44.1M
Return on Equity-143.0%
Revenue Growth YoY-5.5%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on ALICO, INC.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about ALCO's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown